Introducing BitSimple. A simpler way to buy and sell bitcoins.

[dave3]

Any word yet on when you'll begin allowing non U.S. residents to use BitSimple?  I'm not living in the U.S. but my bank account is there, if that matters.  Thanks.

Support for international users will be added by the end of this week.  It expect it will be added and announced sooner, but I was told to use end of the week as the timeframe.

Has the support for international users been added now?  Thanks.

[liteboozer]

Access for international residents will be added in the next few days.

Would you mind expanding on that a little? Are you going to take EU (SEPA) customers?

Also, I don't see an option for two factor authentication... I would have imagined an end-to-end security policy would have included that -- or am I just not seeing the option?

Might as well use localbitcoin is this .one is available in the US only

[FenixRD]

So, is BitSimple dead, effectively? The ACH issue has existed for months now, and I have never seen the Buy option lit up. I've checked many times, but it always says that today's funds are exceeded. Are there ever any funds? If so, why has BitSimple chosen to go with the socialist model for economic pricing, rather than modifying the pricing to make buy/sell demand equal?

[BitSimple_Support]

So, is BitSimple dead, effectively?

The short answer is no.  There will be a major announcement regarding expanded services by the end of the week.

[williamj2543]

Definitely no, its not dead. I am using it daily with paypal. Best paypal option by far.

[DannyHamilton]

There will be a major announcement regarding expanded services by the end of the week.

End of which week?

[williamj2543]

Its been a week! Wheres the announcement! Also just saying I just traded 50$ and it went through in 5 minutes, and the money was in my paypal in about 20 after the confirms.

[williamj2543]

Looks like bitsimple is moving countries. Any ETA on when this is done? I need to exchange some more BTC

[kaene]

Looks like bitsimple is moving countries. Any ETA on when this is done? I need to exchange some more BTC

+1

I have to sell some BTC and get cash in Paypal, so if it's going to be days I can wait, otherwise I would search for an alternative at least for this time. Thanks.

[williamj2543]

Had to resort to using localbitcoins paypal for now. Bad price, and bad fee.

[platinum4]

Any updates on when this service is going to be back up and running?

[williamj2543]

Yep still waiting, don't need paypal yet but I would like to have that possibility in the future.

[Warfare]

This is Google's cache of https://bitsimple.com/. It is a snapshot of the page as it appeared on 26 Feb 2015 04:48:14 GMT

BitSimple Users,

Effective 01/31/2014 BitSimple is ceasing operations. The inability to secure accounts with the transaction capabilities necessary to support our business model has made this unfortunate decision a necessity. While management is saddened by the need to terminate operations, during our time in operation we have never had our wallets infiltrated by hackers and no customers lost funds using BitSimple. Very few Bitcoin related companies can make similar claims.

A few customers have unclaimed balances and they will be contacted by email with instructions to arrange final payment. Tangible Cryptography (the parent company of BitSimple) has no outside creditors and the unclaimed balances owed customers represents less than 2% of assets on hand so I want to reassure those customers with balances that they will not be financially impacted by the decision to close.

The shareholders will meet in the near future to determine the final outcome of BitSimple and its parent company Tangible Cryptography but effective 01/31/2014 I am no longer the CEO. I want to thank the customers and investors which made this business venture possible.

Gerald Davis
CEO Tangible Cryptography Inc

The date is mistyped twice 2014 instead of 2015.